Peer coaching is a formal program whereby successful students support their peers in attaining academic and social goals. Survey results unveiled that 90 percent of coachees felt peer coaches enhanced learning, and 100 percent felt peer coaches engendered a sense of community and belonging. More than 85 percent of coachees planned to persist in their degree pursuit, and 90 percent felt that their studies were preparing them for the workforce. Interviews revealed that coaches regularly connect coachees with resources such as the Learning Resource Center, Financial Aid, and Advising. There are three crucial elements for successful peer coaching programs: training coaches, creating a supportive environment for coaches, and monitoring and evaluating the success of the program. While the benefits of peer coaching are tremendous for students, fostering student retention also holds the potential for addressing the considerable budget shortfalls facing universities since the pandemic.